deduction
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
Contributions are made with after-tax dollars, meaning you don’t get an up-front tax deduction, but qualified distributions later in life are entirely tax-free.
From MarketWatch
When insiders exchange their partnership units for shares in the public company, it creates large tax deductions for Andersen Group, or a “step up” in basis.
The mailings alert workers that under their “Janus rights” they can save $700 a year in “maximum annual dues deduction savings.”
Despite it being a logical deduction, it wasn’t a guarantee that banning phones would lead to better learning environments, said the paper’s co-author David Figlio, an economics professor at the University of Rochester.
The overall effective rate for the world is about 10%, according to Penn Wharton, reflecting all layers of taxation, deductions, credits and exemptions.
From Roget's 21st Century Thesaurus, Third Edition Copyright © 2013 by the Philip Lief Group.